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memory lane for the new u.s. secretary of state on a visit to germany. >> and a step closer to bundesliga. berlin get an important win. and that italy faces political deadlock after the country's national elections produced no clear winner. no single party was able to secure a majority in both houses of parliament. >> the center-left candidate is claiming a narrow victory, but it is not enough for him to build a government. >> former prime minister silvio berlusconi came in a close second. coalition talks are under way, but many italians are unsure they will produce a stable government. >> italian voters have elected new representatives, but where does that leave the country? newspaper headlines are skating. one reads -- the only winner is ungovernability. there's already talk of free elections. >> i do not know what to say. i think we voters are being taken for a ride. >> i have no idea what will happen now. they will reach some kind of decision. everything is in the hands of four or five people again. they just do what they want. >> italy's political landscape is in turmoil. the central
in your home state. that is the way it used to work and we can make it work that way again. there are a number of things we have to do immediately. we may disagree on how to dress them but not the need for them to be addressed. each of you are making different decisions you are grappling with it. i do not think there is much much difference. i'm not mad a governor from the time of implementing the recovery act and on now who does not think we have to do something about our infrastructure. there is very little disagreement on the need too build an education that has such immense possibilities for our people. most of these issues were united by more than what divides us. these all intersect at a place where both the state and federal governments engage. we are going to have to work together. they overlap, in many cases. we will have our differences. we should all agree that the united states has to have the highest percentage of college graduates of any nation in the world. everyone disagrees. some of you governors have led the way an early education and the consequences for
and drug use are not that much different than ours. so if another country were to lock up its own people at the rate that we do, and if our rates of incarceration were more normative to the rest of the world, we would regard with that other country was doing as a massive violation of human rights. that's the way we would look at it. now, the other point here is what we're doing is not even consistent with american history. i mean, we had 500,000 people behind bars in 1980 and now we have 2.3 million, 2.4 million people behind bars and almost have 5,000 people behind bars just for a drug violation. there are as many people behind bars for a drug violation than we had for everything in 1980. it's not consistent with global standards and not consistent with our own history. it's costing a vast amount of money and i think what you see is for some of the d.a.'s and others are beginning to say enough is enough. we're seeing prison populations beginning to decline but when it comes down to the question, who are the first people we should stop putting behind bars? who is the people who really do
, this is "way too early." it's so good. thanks for being up with us this tuesday. we have a lot to talk about including a snub by c-pac. governor chris christie's invitation seems to be lost in the mail. why a 2016 contender won't be speaking out. the market drops 200 points after fears of gridlock in europe's third largest economy. we'll get a live report from london. first, a stand off from washington. $85 billion in spending cuts on friday. sound familiar? president obama and republicans have plenty to say. still just not saying it to each other. despite this so-called crisis, the two sides haven't spoken directly this week and have yet to meet face-to-face this calendar year. they plan to push the plans. john boehner rules autothe possibility of new taxes. >> i stand by those commitments to make the reforms for smart spending cuts. but we also need republicans to adopt the same approach to tax reform that speaker boehner championed two months ago. >> the president says we have to have another tax increase to avoid the sequester. well, mr. president, you got your tax increase. it's time to
or serious effort to stop it. in fact, with all of this going on, all of this looming, the u.s. senate made a point of reading george washington's farewell address to the chamber today. something they do every year. but, of course, this is no ordinary time, and to the white house we go. nbc's peter alexander standing by there. peter, good evening. >> reporter: brian, good evening to you. there is bipartisan agreement on one thing, that those sequester cuts will likely go ahead as planned at the end of this week. the white house and congressional republicans have made no progress toward a deal. while there was plenty of talking today, almost all of it was critical of the other side. the latest in the parade of public officials issuing dire warnings, homeland security secretary janet napolitano asked if the cuts would increase the likelihood of a terrorist attack. napolitano went there. >> we're going to do everything we can to minimize that risk but the sequester makes it awfully, awfully tough. >> reporter: back from a ten-day recess, house speaker john boehner. >> if the president was seri
. another blizzard slamming several states. we could soon feel its impact. thanks for joining us tonight. i'm brian bolter. >> i'm shawn yancy. get ready for some rain and even some flood watches, of course, some winter weather advisories, too. sue palka has the latest information coming into the weather center tonight. >> it looks like this is not going to be a problem for us in the morning, but we've got some rain coming, enough that we've got some flood watches up and there could even be a rumble of thunder tomorrow at the same time we also have winter weather advisories off to our west. it's coming from that same storm. we'll take another look on radar. this is a huge snowstorm. there is an awful lot of severe weather associated with it in addition to big wind, but this is a drought stricken area, so they're calling that snow white gold even if it has been a lot of work for folks in wichita and kansas city and across much of oklahoma. that area of low pressure that's producing the snow will be weakening, but we are really going to tap some very heavy moisture. it looks like we could be
the u.s. patent office issued patent number 46,454. i will give you a pop quiz. it was simply labeled john deere plow. but the implement sketched out on the page could just as easily been labeled, as some historians have named it, one of the most important inventions in american history. they called it the plow that broke the plains, and it did. by replacing cast-iron with smooth steel, john deere's innovation opened up huge new swaths of land for cultivation. it made it possible for towns like aberdeen south dakota my hometown to exist. before it killing and maker took a grown man a full 24 hours. after it, it took as little as five. and every pile of soil overturned upended another assumption about what the land could produce. that, to my mind, has been the story, not just of agricultural success, but of national success. and, indeed, of global progress. this kind of game changing innovation has enabled us to leap ahead, to break the points, to increase harvest, and to frankly, feed the whole world. sometimes innovations come from the most advanced science, other times they
for several blocks. one woman nearby told us her 16- year-old son is among a dozen people detained by police for a homicide that took place a few days ago. she questions why police didn't contact her after they detained her son, who's a minor. we saw police question at least three people, and officers say items were removed from the home. members of the s.w.a.t. team were on scene. i was told the fbi has been called to insist in this operation. police have been tight lipped about the investigation. i contacted only oakland's police chief. back here live, we can see that the police have used a robot to go into the home down there. and they said the robot indicated no one was inside. now officers are using dogs to go on the ground and search for suspects. that is the latest from here. if we have more during the newscast, we will of course bring you an update. reporting live in east oakland, amber lee, ktvu, channel 2 news. >>> police in west sacramento say one of their own is behind bars tonight, accused of sexually assaulting six women while on duty. 37-year-old sergio alvarez is currently in
-mail. finally tonight, since it can no longer be arrested for marijuana use in 18 states, now the irs is after you, i kid you not. medical marijuana distributors could face an effective federal income tax rate as high as 75%. you have to go to france for that kind of a race. a law preventing drug traffickers from profiting off of their crime. so using medical marijuana is legal but not in the eyes of the federal government is not so those basic deductions for small business owners are used to don't apply to marijuana shops. this is one instance uncle sam's needs to tax away. if they think i it's a good ide, at least taxyers should get some kind of compensation. that is my two cents more. that is it for tonight's "the willis report." thank you for joining us. >> good evening, everybody, i am lori rothman in for "lou dobbs tonight." wwe're four days away from spending cuts known as the sequester from kicking in. president obama predicting armageddon but still not negotiating with congress. still looking to raise taxes and on the campaign trail instead of working toward a negotiated solution. pre
will dramatically -- he will not be creating a food that is in front of you anymore. these are simple ways for us to nudge the biology of blubber and the right direction. sedentary lifestyle? if you sit -- your mortality rates increase is 11%. it is important because it avoids frailty. if i got rid of all the can see in america, we would live in average of 2.8 years longer. that is it. a little more than two years longer. what kills people is not the cancer, it is there too frail to whether the treatment or recover after word spread same for heart disease. we go around the world where people live a long time. what do you do about it? you have to push yourself. look in the wild. when you do not push yourself, you end up with a bony problems. osteoporosis. you have medications for it, but they are expensive. they do not work as well as resistance training. getting people to recognize it means reminding them what they used to do. here is a cheetah chasing its prey. watch what happens. ask yourself -- when was the last time you went at full speed? when was the last time you gave it everything you had
must end this uncertainty about this position. mr. president, it is time for us to end this debate. and that is what we will be voting on now. later on, there will be a vote on whether to confirm senator hagel. the vote now is whether to bring this debate to an end. i hope we will so we can get on to the nomination vote. i yield the floor. i think it's noon and time for a vote. the presiding officer: the senator's time has expired. the senator from oklahoma has 30 seconds remaining. the senator from oklahoma. mr. inhofe: let me say that we -- everything has been said, not everyone has said it. however, i would like to make sure that everyone understands that the actual statements that were made by the former senator hagel in terms of the relationship of our country with israel and iran prior to the time that he was nominated, because many of those statements were changed at that time. i encourage the no vote on cloture. the presiding officer: the time is expired. under the previous order, the clerk will report the motion to invoke cloture. the clerk: cloture motion, we the undersig
us today, everybody. i'm fresh out of time. but "around the world" is next. >>> i'm suzanne malveaux. >> i'm michael holmes. >> welcome to "around the world." egypt, a freak accident, hot air balloon explodes in the a plummets to the ground, 18 people dead. a live report. >>> vatican city, learning more about the future and what it holds for pope benedict xvi, final week cloud by scandal. >> the dow rallying from yesterday's big loss but not so for world markets. italy's election causing uncertainty. the government, europe's third largest economy, facing a deadlock. >>> egypt, tourists flying high above ancient egyptian sites plunging to their deaths when a hot air balloon explodes and crashes. >> 18 people have died. the local government has banned all other hot air balloon flights for now. it happened in luxor. the latest on the investigation. >> ian, let's start with what the theory is at the moment. there are reports of a gas cylinder exploding. describe what you've heard. >> reporter: well, michael, that's exactly what ware we're hearing. an the 1,000 feet a gas canister on the
balloon who remains in a hospital in luxor being treated. >> ayman mohyeldin in cairo for us. thank you. now here's matt. >>> a second blizzard to hit the heartland in about a week. the weather channel's mike seidel is in wichita, kansas. mike, deja vu all over again. >> yes, sir. the second biggest snowfall on record. now the snowiest month in 125 years but the texas panhandle was hammered yesterday, buried under a lot of snow. amarillo had 19," making it their snowiest day on record. howling wind and blinding snow are posing huge problems for motorists in the texas panhandle. several roads are impassable because of whiteout conditions. 12 to 18" of snow and drifts as high as six feet are reported. the national weather service calls the texas blizzard crippling and historic. folks in western oklahoma are bringing out their shovels and struggle with the wind. the oklahoma highway patrol is telling all nonessential personnel to stay home until tomorrow. in the nation's heartland a lot of people are saying here we go again. a second round of heavy snow in less than a week is bearing down
. >> michael kors. moonboy 9 and question on twitter, i like it unusual call buying. >>> that does it for us today. fast money tonight. dow up 100. "power lunch" picks up that story right now. >>> down yesterday, up today, and breaking news on the east coast at 1:00 p.m. wall street and investors everywhere are parsing the testimony from the fed chief ben bernanke. as you see dow industrials up .75, 13886 and change. sue and bob at the stock exchange. we start with senior economics reporter steve liesman. steve. >> reporter: thanks very much, tyler. fed chairman offering an expected defense of easing. market committee concerned about the cost of more qe and rates as he was to the senators. the fed chairman essentially saying although there's a long period of low rates, could incur excessive risks, he's concerned the cost is outweighed by the benefits from a stronger economic recovery. bernanke also had a sparp exchange with republican senator from tennessee bob corker on the issue of whether the fed is too close to the banks it regulates and whether paying interest on reserve is a massive ba
're there. emma. emma, where are you? you left us? why did you leave us? emma! hang on. hang on. look at me. i'm gonna get us some help. just hang on. thank you for not leaving me. breathe. [crying] >>> developing news tonight. the major police action underway right now, and what we've learned about the reason for this operation. good evening, everyone. i'm frank somerville. >> i'm julie haener. a major law enforcement action is underway at this hour in east oakland. we're told it involves a homicide case and the fbi is involved. we get this developing news now from ktvu's amber lee. she is live near 88th and birch. >> reporter: it is a very active scene out here. i can hear the helicopters buzzing above me, and in less than half an hour ago, we heard a loud bang go off, down the street. an officer told me, officers fired bean bags against the door of a home as a warning. as you can see, a police tactical van is lit up. it appears s.w.a.t. team members are strategizing. >> reporter: we learned this operation started at 4:00 this afternoon and police are searching a home. alameda county she
markets, as well. this is where we stand in the u.s. spanish yields higher, 5.31%. interestingly enough, we look ahead to mr. person unanimousky to give treasuries. gilt yield 2.018% is where we stand at the moment. giving support because of the risk off caused by those italian elections. euro/dollar, that's been down to 1.3039. that's the seven-week low, january 10th we hit that. dollar/yen, what a wild day yesterday for dollar/yep. we hit a 33-month high for dollar against the yen, 94.77. then we fell down to 90.85 at the moment. 91.94. aussie/dollar still weak. sterling/dollar, we're spinninged in at this low, 1.5166. selling has bounced back as you might expect against the euro. the italian election yesterday caused gold to spike up to around 1600. just below it at the moment at 1598. brent continues to weaken below 114 and nymex a little weaker at 92.32. that's where we stand in reaction to the after markets here to the italian elections. let's get more reaction on the asian markets with sixuan. >> thank you, ross. asian markets fell sd as the political stalemate in italy was felt
have from them, that video. >> reporter: the u.s. embassy of peru has told them the pair may have then boarded a boat. >> the embase embassy believes they got on the boat for an a . amazon cruise. >> reporter: the family has set up a war room where they're mapping out all they know. >> probably the biggest thing we have access to garrett's bank records and starting january 25th all of his banking ceased. no more withdrawals. there's nothing. there is absolutely no activity. >> reporter: what has the family especially worried, warnings that kidnappers may be targeting american tourists in the peru region. friends and family are pleading for help. >> i want my son to know that i love him, that we all love him. we want them to come home safe and sound. >> when your child is missing it's really, really tough. and we need your help. >> reporter: the family tells me they're getting daily updates from the embassy in peru. they are certainly hoping that those images will lead to the couple. meanwhile, the folks here at the peddler bike shop are asking for the safe return of jamie neal an
that the people who put food on our tables use food stamps at twice the rate as the rest of the u.s. workforce. meaning that the people who put food on our tables can't afford to put food on their own family's tables. >> funding is provided by carnegie corporation of new yor celebrating 100 years of philanthropy, and commied to doinreal and permanent good in the world. the kohlberg foundation. independent production fund, with support from the partridge foundation, a john and polly guth charitable fund. the clements foundation. park foundation, dedicated to heightening public awareness of critical issues. the herb alpert foundation, supporting organizations whose mission is to promote compassion and creativity in our society. the bernard and audre rapoport foundation. the john d. and catherine t. macarthur foundation, committed to building a more just, verdant, and peaceful wor. more information at macfound.org. anne gumowitz. the betsy and jesse fink foundation. the hkh foundation. barbara g. fleischman. and by our sole corporate sponsor, mutual of america, designing customized individual and
, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: the federal government moved another day closer today to $85 billion in automatic spending cuts. and as political charges and counter-charges flew, federal reserve chief ben bernanke raised new fears about the potential economic fallout. the fed chairman told a senate committee that forcing across-the-board spending cuts could slice half a percentage point off economic growth. >> i think an appropriate balance would be to introduce these cuts more gradually and to compensate with larger and more sustained cuts in the longer run to address our long-run fiscal issues. >> ifill: bernanke said the sequester was supposed to be a doomsday weapon designed to spur compromise. >> it was done to b
but our dr. jon lapook brought us what he says is the most definitive study yet that the so-called mediterranean diet-- including olive oil and nuts wine and fish can prevent the leading cause of death in america: heart disease. and it does it much better than the low-fat diet can. jon has more on why we should pay attention to this study and what it found. >> reporter: today's study compared the mediterranean diet to a low-fat diet among nearly 7,500 patients at high risk for heart disease. after five years those on the mediterranean diet had 30% fewer heart attacks strokes or deaths from heart disease. dr. tara narula is a preventative cardiologist at lenox hill hospital. >> the study is significant because diet is one of the most underestimated and easy way to change your cardiovascular risk profile. >> reporter: the mediterranean diet includes extra virgin olive oil, nuts fresh fruit vegetables beans fish and poultry instead of red or processed meat. it allows for seven or more glasses of wine a weak. the low fat diet also encourages fruit and vegetables but discourages
about that, trouble there is not a problem here. really? and within the hour ben bernanke tells us what he's going to do. how on earth can he stop printing money when the president talked disaster for america and berlusconi brings disaster to the euro. yeah. "varney & company" is about to begin. >> good morning, everyone, we're watching the three b's that are important for your money today. first of all, silvio berlusconi previously accused of sex with an underaged girl is back, don't worry, berlusconi says italians should ignore those crazy markets. we cannot ignore our markets. the dow dropped 200 points yesterday when the news of the berlusconi power play came out and just more evidence that what happens over in europe affects our money here, no matter how farfetched it might seem. as the chaos was breaking in europe. vice-president joe biden said don't worry, what happens there is not a worry here. listen to this. >> we're no longer worried, i think, about our economy being overwhelmed either by europe or at large the eu or china somehow swallowing up every bit of innovation that e
, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. dennis: we are up 150 points on the dow and the only bad news is we were down 200 points yesterday. tracy: i think it lee will be talked about, sequester will be talked about and this market will play sideways until then. maybe you think i am crazy. lori: that is beside the point. [talking over each other] lori: who are you? john kerry? he had a big gap in a new country. anyway. good afternoon once again. i am lori rothman. melissa: i am melissa frances. senator's attack ben bernanke and the fed's bond buying program. the fed chairman says the benefits of the easy money policy out raise the rest. president obama on the road in virginia with a warning for shipbill is about automatic spending cuts but no sign
president obama's re-election. and it looks like electoral chaos in italy. nobody better to tell us than sima. >> the dow jones industrial went from hitting a five-year high to a one-month low all in the same day. looks walk through this volatile day. we started out with a rally on wall street. strong earnings from lows initially providing a nice left to equities, but then results from the italian election started to trickle in, showing no clear winner. further points returning to results that would be inconclusive, which means italians would potentially have to vote again. u.s. ten-year yield moving lower as investors looked for safety in wake of the italian election. the fear index saw its biggest daily gain in over a year, indicating that fear is back in the game. the dow jones industrial ending the day with a triple-digit loss. clearly this italian election is testing investor sentiment, indicating that not only is the eurozone debt crisis not behind us, but it might take longer than expected to resolve the longer the italian election takes, the longer the push for reform and austeri
no, and major garrett is at the white house to sort it all out for us. >> reporter: president obama continued to warn today that budget cuts could do real economic damage but was candid about when people would notice. >> these impacts will not all be felt on day one. but rest assured, the uncertainty is already having an affect. companies are preparing layoff notices. families are preparing to cut back on expenses. and the longer these cuts are in place, the bigger the impact will become. >> reporter: one republican governor, nikki haley of south carolina, said cutting federal spending without jeopardizing key services is so easy even her two children could do it. >> how many more times are we going to have to deal with these issues over and over again because of the finger pointing and the blame game that keeps on happening in washington? what i will tell you is, we heard today a whole lot of no. >> reporter: mr. obama has endorsed a senate democratic bill that seeks higher taxes on millionaires and unspecified cuts to defense and farm programs. house speaker john boehnor afternoon
and their partners. all joining us live. be ready to be surprised by who is ready to rumba in the ballroom. >>> and good morning, america. hello to lara and sam, up early again, out in l.a. this morning. just about an hour, we're going to have that live announcement on "dancing with the stars." stay around for that. robin getting some rest after the oscars. we're looking forward to sharing her interview with michelle obama. great to have elizabeth vargas here. >> great to have you both back from los angeles. >>> we're going to have details on the crash coming in and on the monster blizzard, that sam was talking about. we're going to get that from him just ahead. it's been hitting throughout the northwest. some major developments overnight. >>> we're going to start with josh and the balloon air crash in egypt. quite a few people dead. >> right along the nile. this breaking overnight. 18 foreign tourists killed when a hot air balloon exploded and plummeted to the ground during an egypt tourist mecca of luxor, along the banks of the nile. witnesses are describing the terrifying moments as peo
start." thank you for joining us. i'm john berman. >> and i'm zoraida sambolin. >>> "starting point" with soledad o'brien starts right now. >> welcome, everybody. a developing story. bitter winter storm wreaking havoc across much of the country. roofs collapsing, drivers trapped and airports a mess two people are dead as record snow falls on the plains and flood warnings threaten the southeast. the storm turning out to be much worse than expected. live team coverage ahead. >>> and a new shocking investigation, "usa today" says there is a growing bioterror threat from within our own country. talking about diseases like anthrax and the plague. details in leave report. >>> new overnight, a hot air balloon carrying more than a dozen tourists explodes and crashes to the ground in egypt. also happening, one of britain's top catholic leaders speaking out about the grelatest scandal shocking the church. and a claim by a former friar that homosexuality is a ticking time bomb for the church. >>> we are all looking at itsly and why what's important for politic there is affecting what's happeni
for politic there is affecting what's happening in washington. >>> tom price will join us, the secretary of the navy, ray mabus, and sybrina fulton and tracy martin, trayvon martin's parents join us, along with their attorneys, benjamin crump, richard blais and makazive mandela. "starting point" starts now. we begin this morning talking about the devastating winter storm in parts of texas and oklahoma. already buried under more than a foot of snow. one local mayor says we have roofs collapsing all over town. we'll speak to him in a moment. highways and airports shut down. take a look at this photo taken by ireporter philip prince, an instructor too, spent eight hours stuck in his rig on interstate 40 east of amarillo, texas. two people have been killed. one on an ice-slicked road and another after a roof collapsed from the weight of the snow. severe weather is expected as far as florida. the massive system tracking to the north and east. wisconsin, michigan, illinois, all in its path. jennifer delgado is tracking the storm. erin mcpike is live in kansas city. we'll start with you. >> we'
. so, doesn't make sense are if us to stop and not be able to drive anymore. >> soon as they get it open. better off it will be. cost money to sit still and cost to run the thing empty as far as fuel surge. so. hopefully they get it cleared up. martha: looks like they're working on it. they're doing pretty good job. new mexico police say westbound traffic is open on i-40. eastbound lanes remain closed. truckers will have to sit to wait it out in that direction or try to get off on side roads. also we have this for you from egypt. an awful situation where a hot-air ballon filled with tourists exploded in the sky and then fell a thousand feet to the ground. imagine how frighten this was. these are some of the tourist photos from the launch site where the victims had taken off just moments earlier. and then at least 19 tourists from europe and asia were killed in this tragic accident, after the balloon caught fire. it triggered an explosion in a gas canister. leland vittert, live in jerusalem. what exactly happened? where is this accident? >> reporter: terrifying for the folks who w
. germany, close to 2% off and france over 2% and the ftse down materially. u.s. stocks to drop yesterday's session on that uncertainty in europe. stocks steadily declined throughout the day. and accelerated losses during the final hour. the dow and the s&p tuning in their worst days of the year. major asian markets also trading lower. exporters exposure to europe, they were hit particularly hard, as you'd expect. and u.s. equity futures at this hour, we have green arrows and things might turn themselves around today. fed chairman ben bernanke is going to be heading to capitol hill this morning for day one of his hemp free hawkins testimony. he's expected to defend the central bank's bond buying and likely one that automatic spending cuts pose risk. cnbc is going to have complete coverage all day. and our guest host this hour is ready to tackle all of these issues. >> this yesterday was -- thanks. we saw yesterday and you know he's not becky. you did say here with becky. he was sitting right there. he looks nothing like her. >> every morning when you say the same thing -- >> i know. andre
be a threat? also in a few minutes u.s. senate expected to vote on chuck hagel president obama's controversial nominee for defense secretary. we'll bring to it live. more on what's going on in egypt right now. a holt air balloon carrying lots of tourists explodes and plummets to the ground. we're finding out how this could happen. we're going live to egypt. i'm wolf blitzer. you're in "the situation room." >>> we begin with the huge winter storm, the national weather service is now calling historic. cities like amarillo, texas, wichita, kansas have broken snowfall records. 45 million in 21 states are being affected one way or another. the storm is blamed for at least three deaths. look at this. it's even dangerous after the storm blows away. in kansas city, the heavy wet snow is causing roofs to collapse. nobody was hurt in this building. but the snow is also bringing down tree limbs on to power lines. in kansas city thousands of people are reported without power. george, what's going on? >> reporter: this is par for the course here in the midwest. this is the second time in a week that this r
of a job at minimum wage. that's the kind of story your parents used to tell. lucky i met him. >> the teen's boss even picks him up for the first day of work. next the bad. a chinese government official caught on camera trashing an airport boarding gate ripping up computers and trying to smash a sign through doors. police say he was mad because he missed his flight. the ugly. a car crashing through the roof of a house in texas. police say the driver was going over 90 miles an hour, lost control and went airborne crash landing through the roof. the driver and everyone in the house walked away unharmed. >> time for your brew on this question of the day responses. earlier in the show we told you about how children in massachusetts are being sent home with so-called fat letters telling parents their children's body mass index with instructions on how to deal with weight issues. >> we want to know if you think these letters are fine are over the line. jack says over the line. tony says they are truth letters instead of getting mad they should take action. treat it as an opportunity to break the
. instead of using our military men and women as campaign props, the president was serious, he'd sit down with harry reid and begin to address our problems. >> this is not the time to be campaigning. this is the time to solve something. he's going on the road tomorrow 150 miles away to again hype this up, try to scare the american public when he could go one mile down and talk to harry reid. >>brian: i would say two things happened happening. one, the republican house yesterday voted to fund the neil armstrong flight research center. they should be focusing on this. they should be saying these are the programs i put forward last year, what i'm urging the president to push. on the other side, i think it is a great move which governor scott walker brought up yesterday. republicans are saying i like to give the president the power to levy the cuts as he sees fit. so the $85 billion does not have to cut to the bone. you could do it in a way that would provide less pain. >>steve: it's not going to cut to the bone. the president described it as a meat cleaver because it is an across-the-board c
that. it's happening in your state and probably feel in your fingertips more than most of us do in washington. i think they're so frustrated by what they don't see happening here in washington and i think they're frustration is turning into a little bit of anger. >> good morning. tuesday, february 6th. welcome to "morning joe." with us on set, we have msnbc contributor, mike barnicle. looks kind of awake this morning. >> i am. >> i don't know what's going on there. >> been up all night. >> former treasury official and "morning joe" economic analyst, steve rattner. and washington bbc world news anchor, katty kay. good morning. >> good morning. >> good. should we get right to news? >> sure. if you want to. >> are you joking? >> you guys want to talk about something? >> a good story. >> it is good. >> johnny damon wants to play baseball with the yankees. >> they need somebody. >> i should have gone with it. >> when conservatives gather at cpac, they'll do so without one of the most popular republican leaders in the country. have you heard this? i did. >> conservative chris christie
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everything on the world's largest futures exchange. one of our good buddies, you may recognize him. with us right now. tell me about the day. a big rally temple was specifically were you looking at? forty deasy the money. >> the 1500 level on the s&p. as you can see, we are just under that. we get that market came just underneath. as far as cold as concerned, that is the currency. we get that 1550 level and all that level that we passed through last week is now an area of resistance. liz: last week several was saying that's it for gold. in the hedge fund guy is getting squeezed by the shorts. >> historic leap the smart money in gold has always been wrong, and that is what people don't know. he go back to our 15 years there always been wrong. kent -- produces and miners themselves, they're all that long. begin push above the 1640 mark. liz: platinum, palladium, and silver go along? >> it does. there is some correlation. the treasury's. we're buying 80 percent of everything that is being printed with the fed. that is ridiculous. we cannot sustain that. liz: we will wait. you predict at 1500.
the impact of these upcoming cuts so for me i thought the dow would give us more of a respite, down 13.6 and 13.5 and gave us 13.7 and they retest some of the lows that we saw and right around 13.6 or 550. market feels a little bit fragile that it could be blown over with a little puff. >> i believe that's what it says yesterday and there was quite an overblown scare in the italy election and i think that those things get overdone and blown out but it shows how vulnerable it is at the end of the day. >> haven't even talked about sequestration which comes out friday. do you expect that that's going to have a large impact on the direction of the market? >> well, the market is telling us no. the market is telling us like it's embracing the idea of having the cuts and going back to work to restore some of the funding and maybe it's a line item thing and maybe the market likes that. >> maybe we're underestimating what the market brings and maybe we're too complacent about what the market can know. >> the closing bell is going to ring in a matter of minutes here and again in the midst of a b
picture in the u.s., the first lady=í gown was, of course, a huge hit. was not the case in irane1iant(h wardrobe adding sleeves, raising the neck line on thee1çó glitte gown before circulating the image in iran. presumably it was a bit too revealinp for their culture, t before announcing best picture winner, mrs. obama,q she wore that dress to a white house dinner for the nation's governorsfá and, of course, the were no complaints. it was a gorgeous gown. >>> "cnn newsroom" continues right now. >>> it is the real life armageddon t(movie. scientists hope to crash a spaceship into an asteroid, all to prove we can be saved. the news is now.g a hot air balloon, full of pa&h% tourists, crashes to e1earth. but why? >>> plus, the bi >> we should notfá have to move third bill before the senate getse1 off their -- and begins do something. >> accusations fly just three days before automatic cuts hit ) rrñu and -- ♪ who let the dogs out >> investigatorskoo7o looking this kid's parents, a 10-year-old rapper whose video is raising a fewó[ so is the criticism fair? we're on it. i'm broo
generation and there are about 45,000 wind turbines in the u.s. right now. but in all the studies that we have covered, all the stories we have covered we haven't come across the story where the outcome could mean town locals may end up with a tax increase in order to cover up to 15 million of costs of removing the wind turbines. this is shocking. they paid to 10 to $15 million in order to install the things to put them up with the idea they would be saving money over time as they ranch as you heard because of the curtailment right now they're operating at a loss. if they get rid of the turbines as the town wants, they will get taxed another $15 million in order to pay for that. joining us for a first-hand account, okay. we're going back to that story in just a moment. let's move onto the sequester cuts for a moment here and how to fix them. president obama was in virginia today, warning of the dire consequences of defense cuts and what they will have on our military and our economy. you heard about all this, in 2012 of course we spent $65 billion on the military. today we're helping to s
a set of tools which i'd be happy to go into, if you like, but which will allow us to normalize policy either by selling assets or by retaining assets and doing other things, like raising the interest rate we pay on reserves. >> do you think you will grow to a 4 trillion dollars balance sheet? >> well, we don't have -- we didn't announce any number. what we're doing is we're looking -- we're tying our asset purchases to the state of the economy. we want to continue purchases until we see a substantial improvement in the labor market condition on inflation remaining stable. we're also looking at the costs and benefits including the financial stability issues that senator -- that the senator alluded to. we haven't given a specific number, but we are certainly paying close attention to all of these issues. the senator mentioned the transparency of the fed. we're having this debate in public. you may have noticed that many members of the committee talk in public. we want everyone to understand that we're looking at all these issues. we're taking them all into account. and we're trying to d
we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. all the things we love about sunday meals into each of her pot pies. like tender white meat chicken and vegetables in a golden flaky crust that's made from scratch. marie callender's pot pies. it's time to savor. >>> the campaign of 2012 led to the election of 2012 which led to the campaign of 2013. it's tuesday, february 26th, and this is "now." >> executive vice president of the global strategy group and former senior advisor of priorities usa action the money bunny himself, bill burton. we are mefr not going to call you the money bunny. foremaner pennsylvania governor and current governor of "now" ed rendell, assistant managing editor and fortune magazine lee gallagher, who is just classing it up. she just doesn't need weird nicknames. the man with the golden throat, political analyst and
, but now people will not believe them. us from luxor.or thanks so much. >> financial markets responded badly today to the political vacuum in italy. there are still no results from the weekend's election. and whichever one is the winner, it is likely to be too weak to lead. the party that got the most votes refuses to take part to form a coalition government. correct emergency meetings were held at the italian prime minister's office -- >> the emergency meetings were held up the italian prime minister's office today after the election deadlock. there was right at the prospect of political instability. after a night of waiting, it became apparent that neither the center left nor the center- right could form a stable government. it was 24 hours after the polls closed that the leaders of the center-left, pier luigi pazzani -- bersani, came out to face a dramatic situation. the problem, he said, with the remedy we came up with for the financial crisis. it was based on just austerity and rigor, and had a deep impact on public opinion. as for berlusconi, he said italy cannot go on government
canister explodeddó sending this balloon plummetikf to the çóearth. ian lee is live for us in cairo. what happened? whatlp caused this? >> reporter: well,i] brooke, wh we're hearingñ now is when theq balloon was starting to come down, descend to land, is when thisi] tragedy struck. one of the valves, we're hearing, opened up, sending a c flame, catching the balloonçó o fire. two peoplexd bailed out when it wasfá just about tenxd feetq of] ground, including the pilot, sending the balloon straight up into the air to about a thousand feet. perspective, theçó empire state building is roughly 1200 feet. so quite a long drop. people killed. the head ofñ)q civil aviation authority is in luxor to investigate this crash. he said the balloon operatori] s operating legally. but thee1xd minister -- sorry,i department of tourismçóxd says co(> ny has had somefá violatio, so the1gñ will be investigating whatçó actually happened, brook >> ian, when.; see this number 19, as far as how many people werexd killed, did anyoneÑi sur? >> reporter: well, there with two people whoxd survived, a brit
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